To buy a car but suffer from a lack of funds on hand to public attention, there is a good way to help you advance round car dream. As long as you have a Xiamen resident accounts and owned property, the income is stable and reliable, the future can go through the car consumption loans through Guarantee Corporation, the long-standing favorite car to drive home. Recently, Xiamen nine investment Company limited by guarantee in Xiamen City Commercial Bank, launched the automobile consumption loan business.

1Maximum 70% loan

    Can advance round car dream, not for a lack of funds worries, it sounds good, however, the automobile consumption loan guarantee business in the maximum loan into a few? The loan interest rate will be very high?

    As long as it meets the conditions for automobile consumption loans, the highest 70%.For these intends to purchase a car of issues of public concern, Xiamen nine investment Company limited by guarantee responsible person Zhang Rongding said: for example, a total price of 150000 yuan family car, the maximum loan 100000 yuan. Interest on the loan in accordance with the current loan datum interest rate to calculate.

    As for the business of the guarantee fee, nine can guarantee initially set at 3.6% of total loans, which debuted in 2002 and the insurance company and the bank's auto loan guarantee insurance business, insurance companies charge 2.2% of total amount compared to the premium, a slightly higher. To this, Zhang Rongding explained, Guarantee Corporation is offering 5 years guarantee, but the insurance companies often only protect 3 years, equal shares down loan guarantee fee even drop.

2The key, risk control

    A survey report conducted early this year, 87.6% of respondents to purchase a car in 3 years, of which 78.4% have a loan to buy a car. Therefore, automobile consumption loans is a potential big cake.

    However, despite the tempting cake, but for Guarantee Corporation, risk control is a very difficult thing. If the lender unilateral slipped to guarantee the house sold, how to do?

    Zhang Rongding said, cooperation between the company and the bank is"Bond"Pattern. Xiamen is a commercial bank for the nine can guarantee a margin account, the current security and full guarantee respectively according to the amount of the loan for 100% and 10% of the margin. Once the lender failed to timely owing on the loan, the bank will deduct the corresponding overdue owing on the loan amount from the margin account.

    And in the nine guarantees, will regularly monitor used to mortgage the property, once found"Trading behavior"Occurrence and other unusual circumstances, will by virtue of the original signed mortgage contracts on the trading behavior of block.

   "The post lending management, once found the lender late repayment period, the company will send a reminder, if overdue period, began to send lawyer letter."Zhang Rongding said.

    In addition, in order to control risk, nine can guarantee there is a series of measures: such as the lender must be 2560 years old, have a driver's license, a Xiamen resident accounts and real estate etc..

3It remains to be seen whether successful

    In fact, nine new thing the business is not the guarantee and the launch of the, back in the first half of 2002, and insurance companies in the Bank launched"Performance guarantee insurance car consumption loans"The risk, to reduce vehicle consumer loans through the involvement of insurance companies. However, before and after the business only lasted less than a year, 2003 will be the supervision department called.

   "The main reason is the bank clerk and illegal operations, some insurance companies, led to the credit risks, insurance companies and banks get constantly."A person familiar with the situation revealed to reporters.

    And nine, the automobile consumption guarantee loan business, can avoid repetition of previous mistakes? In Zhang Rongding's view, the real estate mortgage, car loan is not too big a risk for Guarantee corporation.

(from the Xiamen small and medium-sized online)